Australia’s sugar manufacturing sector has expanded steadily over the past five years, reaching an estimated value of $3.9 billion, according to new data from market research firm IBISWorld, reports AuManufacturing.
The report, Sugar Manufacturing in Australia – Market Research Report (2015–2030), shows the industry grew at a compound annual rate of 2.3% over the last five years, driven largely by export demand. Strong overseas sales helped the sector offset the effects of volatile weather and fluctuating commodity prices.
Queensland continues to dominate sugar production, supported by advanced infrastructure and transport networks that connect farms to mills and global markets. The state has six purpose-built bulk sugar terminals located at deep-sea ports along the east coast.
“These terminals are strategically located to serve major producers, ensuring sugar is stored at high quality before export,” the report notes. Ports including Townsville, Bundaberg, Mackay and Mourilyan are equipped with modern conveyor systems to efficiently transfer sugar from land to ships.
The sector, which employs about 4,600 people across 25 companies, is heavily concentrated in Queensland and northern New South Wales. The three biggest players are Wilmar Sugar, MSF Sugar and Mackay Sugar.
However, despite the recent growth, IBISWorld forecasts a decline in the export-reliant industry over the next five years, pointing to tariffs and global trade pressures as key risks.